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Jindal Stainless is the largest stainless steel production company in India and ranks amongst the top 10 stainless steel producers in the world with an annual turnover of $2.8 billion.

How Maersk helps Jindal Stainless to solve its logistics challenge posed by Covid-19?

22 Aug 2020 6:47 AM GMT

August 22, 2020: World largest shipping company Maersk is helping India’s largest stainless steel producer Jindal Stainless by facilitating to and fro...

The global shipping industry is facing geopolitical uncertainties such as the US-China trade negotiations and the US-EU discussions.

Earnings of rated shipping companies to fall 17% in 2020: Moody’s

13 July 2020 7:24 AM GMT

July 13, 2020: Moody’s Investor Service in its latest report on global shipping industry expects the aggregate EBITDA of rated shipping companies to...

The new standards are the first of three planned IoT standards releases addressing the connectivity requirements for reefer and dry containers, as well as the RFID registration of these containers.

DCSA issues IoT standards for container connectivity in shipping

8 Jun 2020 10:39 AM GMT

June 8, 2020: Digital Container Shipping Association (DCSA), a non-profit group to further digitalisation of container shipping technology standards,...

The company held its 346th Board Meeting on May 13 to approve its Q1 financial report of 2020.

Yang Ming reports $1.15 billion revenue & $27.15 million loss in Q1

15 May 2020 10:17 AM GMT

May 15, 2020: Yang Ming Marine Transport Corporation (Yang Ming) announced its consolidated revenues of Q1 totalled NTD 34.64 billion ($1.15 billion),...

In the first quarter, operating earnings increased by 23 percent year-on-year, and cash return on invested capital increased by 3.5 percentage points to 10.5 percent.

Maersk expects global Q2 volumes to decrease 20-25%, across all businesses

15 May 2020 7:33 AM GMT

May 15, 2020: With its Q1 financial results registering a strong start to the year, A.P. Moller – Maersk also announced that it expects the Q2 volumes...

The lockdown had already caused tremendous damage to Indian logistics and the most affected is road transport.

Amid lockdown, Maersk urges Indian clients to switch from road to rail

20 April 2020 3:06 PM GMT

April 21, 2020: Amid Covid-19 and lockdown in the country, Maersk India urged its customers to switch from road to inland rail service for faster and...